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The net result of TF1 lowers a 14.1% in the first trimester

The French chain notices that the previous year anticipates a slight fall of the income by publicity in the first trimester after descending its net benefit in this period from 70.9 to 60.9 million Euros with respect

The volume of businesses of TF1, one of the main European televising chains, stays stable remembering that the operative benefit fell up to 100.2 million Euros against 119.1 million whereas the income of the group grew slightly of 713.4 to 713.9 million (0.1%).

The results have been below the forecasts of some analysts. Deutsche Bank had anticipated that the net one would be of 77.3 million and Exane BNP considered 58 million.

The income by publicity of the first trimester grew a 1.2% up to 430 million Euros, which implies that TF1 will confront a weak cost in publicity in the second trimester, whereas the balance of the thematic chains of the group led by Bouygues (41,1º of participation) is in fort raised with a + 22%.

Activity of TF1

Privatized in 1987, TF1 is one of the first European chains in terms of hearing.

TF1 spreads by land in France in open, by cable and satellite. Group TF1 is equally responsible for several thematic chains: Eurosport, LCI, TV Breizh, TF6 and Series Club, with a participation of 66% in the digital platform by satellite TPS and also own 34% of M6.

(Several, 30-05-05)

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